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Question : Which of the following is a component of the international business environment
 

Option 1: Government regulations

Option 2: Social customs

Option 3: Technological advancements

 

Option 4: Cultural values


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 10th Jan, 2024

Correct Answer: Government regulations


Solution : The correct answer is (A) Government regulations

Government regulations in different countries can significantly impact the operations, trade, and investment activities of international businesses. Regulations related to trade policies, tariffs, customs procedures, intellectual property rights, labor laws, and environmental regulations are examples of government regulations that affect international business.

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